€331m total value of Euro 2024 rewards (Getty Images)

Today, Saturday, the European Football Association (UEFA) announced the system of distributing financial rewards to the teams participating in the Euro 2024 finals. The 17th edition of the tournament will be held in Germany from June 14 to July 14.

The total prize money is €331 million, the same amount that UEFA set for Euro 2020.

Each of the 24 teams participating in the European Nations will receive 9.25 million euros, plus 500 million euros for each victory and <>,<> euros for a draw.

💰 A total of €331 million #EURO2024 prize money will be distributed to national associations:

Participating fee: €9.25m Match bonus: €1.0m for a win and €500k for a draw Round of 16: €1.5m Quarter-finals: €2.5m Semi-finals: €4m Runners-up: + €5m 2024 champions: +€8m


— UEFA (@UEFA) December 2, 2023

Teams qualified for the round of 16 will receive 1.5 million euros, 2.5 million euros for the quarter-finalists and 4 million euros for the semi-finalists.

The runners-up team will receive €5 million, while the champion will earn €8 million.

The maximum bonus that the champion can receive at the end of the tournament is 28.25 million euros if they win all three matches in the group stage.

Here is the list of prize money for Euro 2024:

  • Participation bonus: €9.25 million (per team).
  • Reward for winning the group stage: one million euros.
  • Group stage tie bonus: €500k.
  • Last-16 qualification bonus: €1.5m.
  • Quarter-final qualification bonus: €2.5m.
  • Semi-final bonus: €4 million.
  • Finalist bonus: €5 million.
  • Hero bonus: €8 million.

Source : Websites